Why is Torrent Pharma falling/rising?

As of 17-Jul, Torrent Pharmaceuticals Ltd. is experiencing a rise in its stock price, currently at Rs 3,510.00, reflecting an increase of 46.9 points or 1.35%. The stock has been on an upward trend, gaining for the last four consecutive days with a total return of 6.14% during this period. It is also close to its 52-week high, just 2.28% away from Rs 3,589.95. The stock has outperformed its sector by 0.93% today and is trading above all key moving averages, indicating strong momentum. Additionally, the company has demonstrated high management efficiency, a strong ability to service debt, and has reported positive results for the last seven consecutive quarters, contributing to investor confidence and the stock's recent upward movement.
In the broader market context, Torrent Pharmaceuticals has outperformed the Sensex over the past week, with a return of 5.17% compared to the benchmark's decline of 1.12%. Over the past month, the stock has also shown a robust performance with a 7.99% increase, while the Sensex has only risen by 0.83%. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the stock's positive trajectory. With consistent returns over the last three years and high institutional holdings, the stock's strong fundamentals continue to attract investors, reinforcing its upward price movement.